Lawsuits

The four-month trial of three former Tesco Plc U.K. executives accused of fraud and false accounting over a 250 million-pound ($341 million) profit black hole at the grocer is nearly at an end.

New York Governor Andrew Cuomo said his administration plans to sue the federal government over the new Republican tax law, on the grounds that it’s unconstitutional because it discriminates against New York and other states that voted against President Donald Trump.

Auditing firms cannot be expected to root out evil, or to conduct full forensic investigations.

A federal judge ruled PricewaterhouseCoopers was negligent in its audits of Colonial Bank, which failed in 2009 in the midst of the financial crisis, potentially exposing PwC to heavy damages.

Fund manager David Gorton sued a U.S. law firm for fraud after its lawyers convinced him to buy into a carbon-credit investment that they had an undeclared financial interest in, according to a London lawsuit.

Some Liberty Tax Inc. investors have lost patience with founder John Hewitt.

Lawyers for an Oxford graduate who is suing the university over his “disappointing” exam grades nearly two decades ago told a London court Tuesday that he missed out on going to law school in the U.S. because of his results.

Are you one of the hundreds of California CPAs who were cited and fined by the California Board of Accountancy for failure to comply with a regulation that added new fingerprinting rules? Have I got news for you.

Exxon Mobil Corp.’s attempt to use "accountant-client privilege" to avoid handing over audit documents in a politically charged climate-change probe was dealt a final blow by New York’s top court.

TV host and science educator Bill Nye has filed suit against the Walt Disney Company over the accounting for profits on his old TV series “Bill Nye the Science Guy."

The co-creators and producers of the hit cable TV series “The Walking Dead” and “Fear the Walking Dead” have filed suit against AMC over the network’s calculation of profits in a case that could change the definition of “Hollywood accounting.”

The French company that claims to hold the trademarks of the former Big Five accounting firm Arthur Andersen & Co. sent Accounting Today a copy Friday of the lawsuit it filed against Andersen Tax over the rights to the Andersen brand, alleging the use of forged documents and an attempt to obtain court rulings using forgeries.

The French firm that has taken the Arthur Andersen & Co. name is suing Andersen Tax LLC, accusing it of forgery and other crimes, as the battle over the Andersen name heats up.

Andersen Tax has notched another win in its legal battle against a French rival that announced this year it had reconstituted the Arthur Andersen network with offices opening around the world.

A California CPA has won a key ruling in a suit against the California Board of Accountancy claiming it is improperly enforcing a fingerprinting requirement.

A French firm that claimed the Arthur Andersen name has lost a legal ruling in India against Andersen Tax, a few weeks after another setback in the U.S.

The U.S. offices of a recently relaunched Arthur Andersen network have shut down as part of a legal settlement with one of the firms to resolve trademark infringement claims by Andersen Tax.

Class-action securities lawsuit filings alleging accounting wrongdoing rose 33 percent to 93 last year, the highest level since 2008 and the fourth consecutive annual increase, according to a new report, while settlement values for accounting-related cases reached their highest level of the past nine years.

PricewaterhouseCoopers has settled a lawsuit with MF Global’s bankruptcy administrator for an undisclosed sum.

A French firm claims it is continuing to build its network in defiance of Andersen Tax's legal claims.